Balance Sheet LXI REIT

Stocks

LXI

GB00BYQ46T41

Diversified REITs

Delayed London S.E. Other stock markets 07:30:00 05/03/2024 GMT			5-day change	1st Jan Change
100.80 ^GBX	-.--%		-.--%	-

03-24	LXI LIMITED Announces Appointment of Andrew David Smith as Director Effective March 23, 2026	CI
03-24	LXI LIMITED Announces Termination of Valentine Tristram Beresford as Director, Effective March 23, 2026	CI

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Published financial data: LXI REIT

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: March	2020	2021	2022	2023	2024
Rental Revenues	38.5M	42.8M	58.5M	204M	254M
Total Revenues	38.5M	42.8M	58.5M	204M	254M
Property Expenses	-	-	-	5.3M	5.1M
Selling General & Admin Expenses, Total	6.3M	6.1M	9.3M	17.3M	17.6M
Provision for Bad Debts	300K	-200K	-	-	-
Other Operating Expenses	-	-	-	-	-
Total Operating Expenses	6.6M	5.9M	9.3M	22.6M	22.7M
Operating Income (REIT / Utility Template)	31.9M	36.9M	49.2M	181M	231M
Interest Expense, Total	-5M	-5.3M	-6.8M	-53.8M	-88.5M
Interest and Investment Income	200K	-	-	-	400K
Net Interest Expenses	-4.8M	-5.3M	-6.8M	-53.8M	-88.1M
Other Non Operating Income (Expenses)	-100K	-	1.2M	17.4M	4.8M
EBT, Excl. Unusual Items	27M	31.6M	43.6M	144M	148M
Total Merger & Related Restructuring Charges	-	-	-	-	-27.5M
Gain (Loss) on Sale of Assets	1.2M	6.3M	-	-2.8M	-4M
Asset Writedown	45.4M	100K	118M	-407M	-252M
Other Unusual Items	-	1.9M	-	-22.1M	-19.9M
EBT, Incl. Unusual Items	73.6M	39.9M	161M	-287M	-156M
Income Tax Expense	-	-	-700K	1M	600K
Earnings From Continuing Operations	73.6M	39.9M	162M	-288M	-156M
Net Income to Company	73.6M	39.9M	162M	-288M	-156M
Net Income - (IS)	73.6M	39.9M	162M	-288M	-156M
Net Income to Common Incl Extra Items	73.6M	39.9M	162M	-288M	-156M
Net Income to Common Excl. Extra Items	73.6M	39.9M	162M	-288M	-156M
Per Share Items
Net EPS - Basic	0.15	0.08	0.23	-0.19	-0.09
Basic EPS - Continuing Operations	0.15	0.08	0.23	-0.19	-0.09
Basic Weighted Average Shares Outstanding	485M	526M	710M	1.5B	1.71B
Net EPS - Diluted	0.15	0.08	0.23	-0.19	-0.09
Diluted EPS - Continuing Operations	0.15	0.08	0.23	-0.19	-0.09
Diluted Weighted Average Shares Outstanding	485M	526M	710M	1.5B	1.71B
Normalized Basic EPS	0.03	0.04	0.04	0.06	0.05
Normalized Diluted EPS	0.03	0.04	0.04	0.06	0.05
Dividend Per Share	0.06	0.06	0.06	0.06	-
Payout Ratio	33.97	72.18	25.37	-30.89	-69.31
Supplemental Items
EBITA	31.9M	36.9M	49.2M	181M	231M
EBIT	31.9M	36.9M	49.2M	181M	231M
Effective Tax Rate - (Ratio)	-	-	-0.43	-0.35	-0.39
Current Domestic Taxes	-	-	-700K	-	-
Total Current Taxes	-	-	-700K	1M	600K
Normalized Net Income	16.88M	19.75M	27.25M	90.31M	92.5M
Interest Capitalized	1M	1.3M	1.1M	600K	800K
Interest on Long-Term Debt	6M	6.6M	7.9M	11.3M	106M
Supplemental Operating Expense Items
Advertising Expense	100K	100K	100K	100K	100K
Marketing Expenses	-	-	-	-	-
Selling and Marketing Expenses	100K	100K	100K	100K	100K
General and Administrative Expenses	6.2M	6M	9.2M	17.2M	17.5M

Fiscal Period: March	2020	2021	2022	2023	2024
Assets
Gross Property Plant And Equipment	810M	888M	1.48B	3.57B	3.18B
Net Property Plant And Equipment	810M	888M	1.48B	3.57B	3.18B
Total Real Estate Assets	810M	888M	1.48B	3.57B	3.18B
Cash And Equivalents	13.4M	87.1M	72.5M	74.4M	53.4M
Accounts Receivable, Total	7.5M	6.7M	8M	8.6M	8.7M
Other Receivables	2.3M	6.8M	11M	2.9M	1.9M
Investment In Debt and Equity Securities	-	-	1.2M	29.3M	-
Restricted Cash	-	-	-	-	-
Other Current Assets, Total	800K	1.6M	20.1M	40.2M	13.1M
Trading Asset Securities, Total	-	-	-	3.1M	-
Other Long-Term Assets, Total	-	400K	-	-	-
Total Assets	834M	990M	1.59B	3.73B	3.26B
Liabilities
Current Portion of Long-Term Debt	-	-	-	509M	3.5M
Current Portion of Leases	-	-	300K	200K	-
Long-Term Debt	166M	187M	240M	730M	657M
Long-Term Leases	3.5M	3.8M	12.5M	43.7M	39.1M
Accounts Payable, Total	5M	7.8M	17.9M	22.3M	466M
Accrued Expenses, Total	700K	200K	400K	11M	-
Current Income Taxes Payable	900K	900K	-	-	-
Unearned Revenue, Current	7.3M	7.2M	14.5M	44.3M	-
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	2.2M	2.2M	5.5M	4.8M	1.5M
Other Non Current Liabilities	-	-	1.1M	255M	253M
Total Liabilities	186M	209M	292M	1.62B	1.42B
Common Stock, Total	5.2M	6.2M	9.1M	17.1M	17.1M
Additional Paid In Capital	423M	544M	940M	2.12B	-
Retained Earnings	129M	169M	331M	-31.1M	-299M
Comprehensive Income and Other	90.9M	62.1M	21M	1.3M	2.12B
Total Common Equity	648M	781M	1.3B	2.11B	1.84B
Total Equity	648M	781M	1.3B	2.11B	1.84B
Total Liabilities And Equity	834M	990M	1.59B	3.73B	3.26B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	521M	622M	912M	1.71B	1.71B
ECS Total Common Shares Outstanding	521M	622M	912M	1.71B	1.71B
Book Value / Share	1.24	1.26	1.43	1.23	1.07
Tangible Book Value	648M	781M	1.3B	2.11B	1.84B
Tangible Book Value Per Share	1.24	1.26	1.43	1.23	1.07
Total Debt	170M	190M	253M	1.28B	700M
Net Debt	156M	103M	180M	1.2B	647M
Account Code - Inventory Valuation	3	3	3	3	3

Fiscal Period: March	2020	2021	2022	2023	2024
Net Income	73.6M	39.9M	162M	-288M	-156M
Amortization of Deferred Charges, Total	600K	700K	1.2M	6.1M	8.6M
(Gain) Loss On Sale of Asset - (CF)	-1.2M	-6.3M	-	2.8M	4M
Total Asset Writedown	-45.4M	-100K	-118M	407M	252M
Change in Accounts Receivable	-4.9M	-2.6M	-3.2M	4.3M	-7.5M
Change in Accounts Payable	4.4M	3M	15.3M	23.9M	-1.1M
Other Operating Activities	-1.3M	-5.7M	-6.2M	14M	47.2M
Cash from Operations	25.8M	28.9M	51.4M	170M	147M
Acquisition of Real Estate Assets, Total	-260M	-160M	-425M	-80M	-34.3M
Sale of Real Estate Assets, Total	20.9M	96M	8.3M	29.5M	243M
Net Sale / Acquisition of Real Estate Assets	-239M	-64.5M	-417M	-50.5M	209M
Cash Acquisitions	-	-	-	-392M	-
Other Investing Activities, Total	400K	-	-100K	400K	400K
Cash from Investing	-239M	-64.5M	-417M	-442M	209M
Long-Term Debt Issued, Total	43.2M	62.3M	240M	499M	1.13B
Total Debt Issued	43.2M	62.3M	240M	499M	1.13B
Long-Term Debt Repaid, Total	-	-40M	-186M	-327M	-1.31B
Total Debt Repaid	-	-40M	-186M	-327M	-1.31B
Issuance of Common Stock	200M	125M	354M	-	-
Common Dividends Paid	-25M	-28.8M	-41.1M	-89M	-108M
Common & Preferred Stock Dividends Paid	-25M	-28.8M	-41.1M	-89M	-108M
Other Financing Activities, Total	-10.8M	-9.2M	-15.2M	192M	-87.9M
Cash from Financing	207M	109M	351M	275M	-377M
Net Change in Cash	-6M	73.7M	-14.6M	1.9M	-21M
Supplemental Items
Cash Interest Paid	4.7M	5.9M	6.6M	40.4M	75M
Cash Income Tax Paid (Refund)	-	-	-	100K	-600K
Net Debt Issued / Repaid	43.2M	22.3M	53.7M	172M	-181M
Levered Free Cash Flow	63.11M	18.15M	23.7M	117M	511M
Unlevered Free Cash Flow	65.64M	20.76M	26.75M	145M	558M
Change In Net Working Capital	-45.7M	2.3M	4M	-31.5M	-413M

Fiscal Period: March	2020	2021	2022	2023	2024
Profitability
Return on Assets	2.82	2.53	2.38	4.25	4.14
Return on Total Capital	2.87	2.58	2.44	4.57	4.88
Return On Equity %	14	5.58	15.56	-16.9	-7.93
Return on Common Equity	14	5.58	15.56	-16.9	-7.93
Margin Analysis
Gross Profit Margin %	100	100	100	97.4	97.99
SG&A Margin	16.36	14.25	15.9	8.5	6.93
EBITA Margin %	82.86	86.21	84.1	88.89	91.06
EBIT Margin %	82.86	86.21	84.1	88.89	91.06
Income From Continuing Operations Margin %	191.17	93.22	276.92	-141.57	-61.57
Net Income Margin %	191.17	93.22	276.92	-141.57	-61.57
Net Avail. For Common Margin %	191.17	93.22	276.92	-141.57	-61.57
Normalized Net Income Margin	43.83	46.14	46.58	44.38	36.42
Levered Free Cash Flow Margin	163.93	42.41	40.51	57.51	201.2
Unlevered Free Cash Flow Margin	170.49	48.51	45.73	71.04	219.59
Asset Turnover
Asset Turnover	0.05	0.05	0.05	0.08	0.07
Fixed Assets Turnover	0.06	0.05	0.05	0.08	0.08
Receivables Turnover (Average Receivables)	7	6.03	7.96	24.52	29.36
Short Term Liquidity
Current Ratio	1.49	5.58	2.89	0.22	0.16
Quick Ratio	1.44	5.5	2.37	0.15	0.14
Operating Cash Flow to Current Liabilities	1.6	1.58	1.33	0.29	0.31
Days Sales Outstanding (Average Receivables)	52.29	60.55	45.86	14.89	12.46
Average Days Payable Outstanding	-	-	-	1.38K	17.42K
Long Term Solvency
Total Debt/Equity	26.17	24.37	19.44	60.83	38.14
Total Debt / Total Capital	20.74	19.59	16.27	37.82	27.61
LT Debt/Equity	26.17	24.37	19.41	36.69	37.95
Long-Term Debt / Total Capital	20.74	19.59	16.25	22.81	27.47
Total Liabilities / Total Assets	22.27	21.08	18.34	43.46	43.64
EBIT / Interest Expense	6.38	6.96	7.24	3.36	2.61
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	78.24	11.17	36.68	247.86	24.82
Gross Profit, 1 Yr. Growth %	78.24	11.17	36.68	238.8	25.58
EBITA, 1 Yr. Growth %	76.24	15.67	33.33	267.68	27.86
EBIT, 1 Yr. Growth %	76.24	15.67	33.33	267.68	27.86
Earnings From Cont. Operations, 1 Yr. Growth %	115.84	-45.79	306.02	-277.84	-45.71
Net Income, 1 Yr. Growth %	115.84	-45.79	306.02	-277.84	-45.71
Diluted EPS Before Extra, 1 Yr. Growth %	18.99	-49.98	200.77	-184.14	-52.47
Normalized Net Income, 1 Yr. Growth %	81.21	17.04	37.97	231.42	2.42
Net Property, Plant and Equip., 1 Yr. Growth %	58.3	9.61	66.77	141.19	-10.95
Accounts Receivable, 1 Yr. Growth %	114.29	-10.67	19.4	7.5	1.16
Total Assets, 1 Yr. Growth %	43.72	18.76	60.88	134.06	-12.67
Common Equity, 1 Yr. Growth %	60.48	20.59	66.46	62.07	-12.95
Tangible Book Value, 1 Yr. Growth %	60.48	20.59	66.46	62.07	-12.95
Cash From Operations, 1 Yr. Growth %	32.31	12.02	77.85	230.16	-13.26
Levered Free Cash Flow, 1 Yr. Growth %	-662.85	-71.24	30.58	393.83	336.65
Unlevered Free Cash Flow, 1 Yr. Growth %	-801.97	-68.37	28.84	440.42	285.83
Dividend Per Share, 1 Yr. Growth %	4.55	-3.48	8.11	5	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	127	40.77	23.27	118.05	108.37
Gross Profit, 2 Yr. CAGR %	127	40.77	23.27	115.19	106.27
EBITA, 2 Yr. CAGR %	139.93	42.78	24.19	121.41	116.82
EBIT, 2 Yr. CAGR %	139.93	42.78	24.19	121.41	116.82
Earnings From Cont. Operations, 2 Yr. CAGR %	109.48	8.17	48.36	168.71	-1.74
Net Income, 2 Yr. CAGR %	109.48	8.17	48.36	168.71	-1.74
Diluted EPS Before Extra, 2 Yr. CAGR %	11.94	-22.85	22.65	59.08	-36.76
Normalized Net Income, 2 Yr. CAGR %	140.83	45.63	27.08	113.84	84.24
Net Property, Plant and Equip., 2 Yr. CAGR %	78.13	31.72	35.2	100.56	46.55
Accounts Receivable, 2 Yr. CAGR %	157.63	38.36	3.28	13.3	4.28
Total Assets, 2 Yr. CAGR %	63.8	30.64	38.23	94.05	42.97
Common Equity, 2 Yr. CAGR %	74.84	39.11	41.68	64.25	18.78
Tangible Book Value, 2 Yr. CAGR %	74.84	39.11	41.68	64.25	18.78
Cash From Operations, 2 Yr. CAGR %	243.26	21.74	41.15	142.32	69.23
Levered Free Cash Flow, 2 Yr. CAGR %	-	27.23	-38.72	153.94	364.36
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	49.01	-36.16	163.87	356.63
Dividend Per Share, 2 Yr. CAGR %	34.05	0.45	2.15	6.54	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	78.93	39.39	74.19	81.05
Gross Profit, 3 Yr. CAGR %	-	78.93	39.39	72.67	79.83
EBITA, 3 Yr. CAGR %	-	88.13	39.56	78.33	84.38
EBIT, 3 Yr. CAGR %	-	88.13	39.56	78.33	84.38
Earnings From Cont. Operations, 3 Yr. CAGR %	-	33.49	68.11	57.6	57.67
Net Income, 3 Yr. CAGR %	-	33.49	68.11	57.6	57.67
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-14.42	21.42	8.17	6.35
Normalized Net Income, 3 Yr. CAGR %	-	89.34	43.03	74.92	67.31
Net Property, Plant and Equip., 3 Yr. CAGR %	-	51.51	42.5	63.97	53.01
Accounts Receivable, 3 Yr. CAGR %	-	80.99	31.73	4.67	9.1
Total Assets, 3 Yr. CAGR %	-	47.15	40.03	64.75	48.71
Common Equity, 3 Yr. CAGR %	-	54.48	47.69	48.17	32.92
Tangible Book Value, 3 Yr. CAGR %	-	54.48	47.69	48.17	32.92
Cash From Operations, 3 Yr. CAGR %	-	136.33	38.14	87.36	72.06
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	28.33	22.86	204.23
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	41.96	30.11	199.5
Dividend Per Share, 3 Yr. CAGR %	-	20.15	2.94	3.09	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	93.66	63.71
Gross Profit, 5 Yr. CAGR %	-	-	-	92.64	63.05
EBITA, 5 Yr. CAGR %	-	-	-	100.8	66.46
EBIT, 5 Yr. CAGR %	-	-	-	100.8	66.46
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	76.6	35.61
Net Income, 5 Yr. CAGR %	-	-	-	76.6	35.61
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	9.67	-6.47
Normalized Net Income, 5 Yr. CAGR %	-	-	-	98.79	58.28
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	69.5	44.11
Accounts Receivable, 5 Yr. CAGR %	-	-	-	50.07	19.97
Total Assets, 5 Yr. CAGR %	-	-	-	64.37	41.2
Common Equity, 5 Yr. CAGR %	-	-	-	58.31	35.36
Tangible Book Value, 5 Yr. CAGR %	-	-	-	58.31	35.36
Cash From Operations, 5 Yr. CAGR %	-	-	-	138.71	49.82
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	114.66
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	126.53
Dividend Per Share, 5 Yr. CAGR %	-	-	-	14.51	-